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Q4: Why are financial markets important to the health of the economy? Q5: When the American dollar worth more in relation to currencies of other
Q4: Why are financial markets important to the health of the economy? Q5: When the American dollar worth more in relation to currencies of other countries, would an American be more likely to buy American-made or foreign-made jeans? Q6. Why do Government Treasury bills have lower interest rate than large-denomination negotiable bank CDs? Q7. Interest rates are among the most important monetary variable watched in the economy. Briefly explain why interest rate is important for the economy.
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